Allianz Global Investors (AllianzGI) has come up with its second closed-end fund for emerging market bonds.
Dubbed Allianz Emerging Markets Bond Extra 2020, the new fund is targeted at retail investors, reports Investment Europe.
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The fund, slated to close in 2020, will mainly invests in USD denominated bonds.
It constitutes a selection of 60% investment grade as well as 40% high yield bonds.
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